Artificial intelligence evolves at a glance and reaches prodigious levels of sophistication. Although their real potential is criticized, this does not stop engineers from pushing their limits. 3Commas has organized a fund-raising event to continue this momentum.
An important fundraising event
3Commas is a portfolio management firm that allows you to execute transactions almost autonomously. This autonomy is supported by strategies predefined by its managers, with a moderate level of risk.
The firm has announced the completion of a $3 million capital raising, entirely led by Sam Bankman-Fried, founder of Alameda Research.
Alameda Research plans to offer turnkey automated bots to a number of companies. Its algorithms are generally used to carry out exchanges in cryptomoney, on several stock exchanges. According to its director, Victor Cucos, the company has more than 100,000 users and a transaction volume of $4 billion per month.
Among its ambitions, 3Commas wants to increase its capital to strengthen its general infrastructure. This investment shows how the main cryptos players are making a long-term commitment to support their future growth.
A significant support for the DEFI
The new investment cycle will enable 3Commas to strengthen its leading position as a portfolio management and automation tool. The company operates in a rapidly expanding sector and sees cryptocurrency as a real opportunity. New products should arrive, in parallel with the integration of DeFi. We should also note the addition of new asset classes as part of this investment.
The Series A financing is part of the continuation of an exceptional year for 3Commas and will allow for international development. Indeed, the company plans to arrive in Asia and South America. The focus will be on innovation and blockbuster.
This comes at a time when the cryptographic currency markets are increasingly integrated into the wider financial economy and are attracting the interest of banks. Giants in the financial technology sector are also investing in cryptosystems, leading to an increased demand for applications by companies and investors.
It is interesting to note the development of blockbuster companies. A few years ago considered as start-ups and now elevated to the rank of multinationals, the race for innovation has only just begun.
Post a Comment